The Nigerian oil and gas sector has been thrown into fresh controversy as the Independent Corrupt Practices and Other Related Offences Commission has declared that it will investigate a petition lodged against the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, by the Chairman of Dangote Group, Aliko Dangote.
Dangote, in a petition submitted on December 16, 2025, through his lawyer, Ogwu Onoja (SAN), called on the ICPC to investigate, prosecute, and potentially arrest Ahmed over allegations of corruption and financial impropriety. The petition claims that Ahmed spent more than $7m on the education of his four children in Switzerland, reportedly paid upfront for a six-year period, without any lawful source of income to justify such expenditure.
“That Engr Farouk Ahmed has grossly abused his office contrary to the extant provisions of the Code of Conduct for Public Officers and, by so doing, enmeshed himself in monumental corruption and unlawful spending of public funds running into millions of dollars.
“That Engr. Farouk Ahmed spent, without evidence of lawful means of income, a humongous sum of over $7m of public funds on the education of his four children in different schools in Switzerland for a period of six years upfront,” the petition stated.
Dangote named the children and the Swiss schools they attend, providing the alleged amounts paid for each to enable verification by the ICPC. He further accused Ahmed of diverting public funds for personal gain through the instrumentality of the NMDPRA, an action the billionaire businessman claims has fuelled public outrage and recent protests by civil society groups.
“It is without doubt that the above facts in relation to abuse of office, breach of the Code of Conduct for public officers, corrupt enrichment and embezzlement are gross acts of corrupt practices for which your Commission is statutorily empowered under Section 19 of the ICPC Act to investigate and prosecute,” Dangote said.
Dangote added that successful prosecution under the law could result in a five-year prison sentence without the option of a fine. He alleged that Ahmed had enriched himself with taxpayers’ money meant for public use, diverting it for private purposes, which he said undermined public trust in Nigeria’s petroleum sector.
Reacting to the petition, the ICPC spokesperson, John Odey, confirmed its receipt. He said, “The ICPC wishes to confirm that it received a formal petition today, Tuesday, December 16, 2025, from Alhaji Aliko Dangote through his lawyer. The petition is against the CEO of the NMDPRA, Alhaji Farouk Ahmed. The ICPC wishes to state that the petition will be duly investigated.”
A coalition of 40 lawyers under the aegis of Lawyers in Defence of Democracy and Anti-Corruption has condemned the corruption allegations leveled against Ahmed as baseless, describing Dangote’s claims as a malicious media trial aimed at unjustly portraying Ahmed as guilty without due process.
Addressing a press conference in Abuja, Emeka Okafor, National Coordinator, and Barrister Mohammed Bello, Secretary, said the allegations, including claims of $5m spent on Ahmed’s children’s education in Switzerland, were reckless fabrications unsupported by facts or evidence.
Okafor emphasised that the NMDPRA boss’s regulatory efforts were in the national interest, aimed at dismantling monopolistic practices and promoting investor participation in the petroleum sector.
“This is a clear attempt at a media conviction of a public officer who has not been investigated, charged, or found guilty by any competent authority,” Okafor said.
The lawyers warned that such tactics could discourage local and foreign investors, particularly at a time when President Bola Tinubu’s Renewed Hope Agenda is focused on economic revitalisation. They stressed that any grievances should be addressed through lawful institutional channels rather than media campaigns.
“If indeed there were genuine concerns, the proper course of action would have been to submit a petition to relevant anti-corruption agencies for investigation, not a trial by media,” said Barrister Bello.
Students, CSOs react
The National Association of Nigerian Students also decried what it described as a media smear campaign against Ahmed. In a statement signed jointly by Samson Ajasa and Mr Humphrey Jonathan, NANS stressed that NMDPRA is a statutory regulatory body that must never be coerced, intimidated, or blackmailed to serve individual or corporate interests.
NANS noted that while it had supported the Dangote Refinery during operational challenges, it drew a firm line against character assassination and reputational attacks against credible public servants.
“The recent actions and allegations directed at Farouk Ahmed, a man of proven integrity, professionalism, and service to the nation, are totally unacceptable to Nigerian students and civil society groups,” the statement read.
NANS called on Dangote Refinery to engage regulatory bodies and government institutions through established legal and administrative frameworks instead of media campaigns that could undermine public confidence and national stability.
The students’ association commended Ahmed and the NMDPRA for transparency in publishing regulatory reports and urged collaboration between regulators and investors to support national development.
Over 50 civil society organisations also dismissed Dangote’s allegations as false, unfounded, and unsupported by evidence. Speaking on behalf of the coalition, Comrade Ibrahim Bello, National Coordinator of the Centre for Fiscal Transparency and Public Integrity, said the organisations had conducted internal reviews and found no basis for the corruption claims against Ahmed.
They described the allegations as a calculated attempt to discredit NMDPRA’s leadership over its anti-monopoly stance in Nigeria’s midstream and downstream petroleum sector.
PETROAN backs Farouk
The Petroleum Products Retail Outlets Owners Association of Nigeria criticised Dangote’s public allegations against Ahmed, declaring strong support for the NMDPRA leadership.
In a statement signed by Dr Joseph Obele, National Public Relations Officer, PETROAN called on President Tinubu to intervene in what it described as a deepening cold war in the downstream sector, warning that public attacks on regulators could damage investor confidence.
Dr Billy Gillis-Harry, PETROAN National President, said, “The ongoing allegations and verbal attacks directed at the leadership of the NMDPRA by the President of Dangote Group are capable of discouraging potential foreign investors and eroding confidence in Nigeria’s regulatory institutions.”
PETROAN passed a vote of confidence in Ahmed’s management, citing the authority’s reforms, regulatory clarity, and improvements in operational efficiency, transparency, and competition in the downstream sector. The association condemned Dangote’s negative public statements about Nigeria’s national refineries, warning that such comments could undermine investor confidence.
The retailers’ body also stressed that public announcements of petrol prices by any individual or organisation violated the Petroleum Industry Act, Section 205(1), which provides that wholesale and retail prices should be determined by free market conditions with limited regulatory oversight.
The association raised concerns over unresolved labour disputes involving the National Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Senior Staff Association of Nigeria with the Dangote Refinery. PETROAN warned that prolonged conflicts could lead to supply disruptions, artificial scarcity, price instability, and weakened investor confidence.
“The current dirty price war is already causing collateral damage to all parties involved. Most of the aggressive price crashes appear designed to frustrate importers and are often executed below cost. This is unsustainable and harmful to the long-term stability of the downstream sector,” the statement added.
The association urged President Tinubu to intervene decisively to resolve the disputes, promote dialogue, uphold the Petroleum Industry Act, and restore stability in the downstream petroleum sector.
At a press briefing at the Dangote Petroleum Refinery in Lekki, Lagos, on Sunday, Dangote called for a full investigation into the source of funds used by Ahmed, urging him to appear before the Code of Conduct Tribunal to offer a public explanation.
“I’ve actually had people making complaints about a regulator who has actually put his children in secondary school. And that secondary school education, which is six years, four of them cost Nigeria $5m. I mean, you cannot imagine somebody paying $5m for educating four children,” Dangote said.
Dangote also petitioned the ICPC to probe Ahmed’s financial activities, while alleging that the regulator’s actions amounted to economic sabotage that could undermine public trust and investor confidence.
Ahmed and the NMDPRA had previously dismissed similar claims in July 2025, when another group accused the CEO of spending over $5.5m on foreign education for his children. At that time, the authority described the allegations as orchestrated smear campaigns designed to discredit its leadership and inconsistent with the facts.
Since the commencement of phased operations at the Dangote Refinery, tensions between the refinery and NMDPRA have been marked by disagreements over import licences, crude supply access, pricing transparency, and the broader role of domestic refineries in meeting Nigeria’s fuel demand.
The controversy has highlighted the tensions inherent in Nigeria’s downstream petroleum sector, where regulatory reforms, investor interests, and the operations of domestic refineries intersect.
While Dangote’s petition has triggered formal investigation by the ICPC, legal experts, civil society groups, students, and industry stakeholders have emphasised due process, the presumption of innocence, and the need for collaborative engagement to ensure the sector remains stable, competitive, and attractive to investors.
With PETROAN, NANS, lawyers, and civil society groups backing Ahmed, the matter is expected to test the balance between regulatory authority and private sector interests, underscoring the delicate interplay of governance, compliance, and industrial growth in Nigeria’s vital oil and gas industry.
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